Deyan Dimitrov's latest articles
Deyan Dimitrov
AuthorDeyan is an experienced writer, analyst, and seeker of forbidden lore. He has approximate knowledge about many things, which he is always willing to apply when researching and preparing his articles. With a degree in Copy-editing and Proofreading, Deyan is able to ensure that his work writing for Gambling News is always up to scratch.
Business
June 25, 2025
Polymarket Closes in on $200M Raise as Prediction Markets Heat Up
Polymarket is nearing the finish line on a funding round that will bolster the crypto-backed prediction market with $200 million, valuing it at over $1 billion. This newest update, first reported by Bloomberg and Reuters, reportedly originates from a source with direct knowledge of the negotiations, who revealed the information on condition of anonymity. Business […]
Business
June 25, 2025
Some Investors See Bright Future for Wynn Resorts Despite Investor Dissent
While Wynn Resorts remains beset by investor anxiety, not everyone is sounding the alarm. While shareholders such as Tilman Fertitta have raised serious concerns about the company’s future direction, some voices in the credit market remain optimistic about Wynn’s long-term prospects, especially those tied to its ambitious expansion in the Middle East. Strategic Investments Hold […]
Industry
June 24, 2025
Tribes Back Maryland’s Regulator in Its Legal Battle with Kalshi
A growing number of tribes is taking a stance in the legal battle surrounding Kalshi’s sports event contract offerings, this time in Maryland’s federal court. Several national and regional tribal organizations, representing twenty-seven federally recognized tribes, have filed an amicus brief opposing Kalshi’s court plea for a preliminary injunction against the Maryland Lottery and Gaming […]
Industry
June 24, 2025
Tribal Leaders Push Back Hard Against Kalshi
US tribal leaders remain strongly opposed to Kalshi’s sports prediction markets, refuting the platform’s assertions that it maintains constructive dialogue with tribal nations. They decried Kalshi’s attempts at communication as dismissive and disingenuous, remaining adamant that Kalshi’s offerings represent illegal gaming that threatens regulated operators and erodes tribal gaming rights. The Rift Between Kalshi and […]
Business
June 23, 2025
Railbird Enters the US Prediction Market with CFTC Approval
Startup prediction platform Railbird Exchange LLC officially received approval from the US Commodity Futures Trading Commission (CFTC) to run as a designated contract market (DCM). This development positions the company to make a dynamic entry into the expanding event-based futures trading space. However, rising backlash from the gambling sector and state regulators could dampen its […]
Industry
June 23, 2025
Caesars Faces Legal Action Over Alleged Predatory Promotion
The Public Health Advocacy Institute (PHAI), a well-known nonprofit that aims to safeguard public health through the use of legal mechanisms, has filed a lawsuit against Caesars Entertainment and Harrah’s Philadelphia Casino, alleging that they employ a misleading “$2,500 deposit match” promotion that could push customers toward financially dangerous behavior. Users Reportedly Have No Reasonable […]
Casino
June 20, 2025
Las Vegas City Council Blocks Harlem Nights Casino Plan amid Community Pushback
Plans to construct a towering casino and hotel in the Las Vegas Historic Westside were shelved this week following a decisive vote by the City Council. In a 6-1 decision, council members shot down the Harlem Nights development proposal, citing zoning compliance issues, neighborhood compatibility, and public opposition. The lone vote in favor of the […]
Industry
June 20, 2025
Netflix House Heads to Las Vegas, Bringing Fan-Favorite Shows to Life
Las Vegas is set to bring a new type of attraction that focuses less on jackpots and more on jump scares, romance, and pirate treasure hunts. Streaming giant Netflix has confirmed its plans to open up the ambitious Netflix House concept on the Strip, creating a permanent location for its fans to dive into the […]
Industry
June 19, 2025
MGM China Sets the Pace in Macau’s Rebound
MGM China is rapidly emerging as one of the frontrunners in Macau’s evolving gaming landscape, outpacing rivals in profitability and market share, according to a recent report by Morningstar. While gross gaming revenue in the region remains below pre-COVID levels, MGM China’s aggressive expansion and operational improvements have put the company at the forefront of […]
Industry
June 19, 2025
EU Launches Legal Action Against Malta over Controversial Gambling Shield Law
Brussels has initiated infringement proceedings against Malta over Article 56A of its Gaming Act, a contentious provision formerly known as Bill 55. The legislation severely restricts the enforcement of specific foreign court judgments against licensed gambling operators in Malta. Legal representatives argue that the provision undermines the European rule of law by infringing upon the […]
